Big four banks launch preferential interest rate loan packages
The group of the four biggest State-owned banks (Big4) have launched preferential loan packages with interest rate reductions of up to 3 per cent per year to lower...
The group of the four biggest State-owned banks (Big4) have launched preferential loan packages with interest rate reductions of up to 3 per cent per year to lower...
Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and...
Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business...
Banks’ reducing deposit interest rates is driving cash flow back to the stock market, but investors are advised to take a prudent approach.
In an interview with Customs News, Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance, Academy of Finance, said that with the gradual...
High interest rates have been hurting businesses' ability to invest in ramping up production capacity, said industry insiders and economists.
According to the State Bank of Vietnam (SBV), monetary policy management aims to maintain the stability of cash flow and control inflation. Therefore, the monetary...
The State Bank of Việt Nam (SBV) might not increase its policy interest rate in the first quarter of 2023 after the US Federal Reserve (Fed) raised its rate by only 25...
The interest rate hike race among banks is showing signs of cooling down as many banks have adjusted down the rate by 0.1-1 percentage points per year after the Lunar...
VNDirect sees mounting internal and external headwinds that could slow Vietnam's economy in 2023.
With little prospect of monetary expansion in 2023, central banks may continue to tighten their monetary policies.
Customs News interviewed Mr. Do Bao Ngoc, Deputy General Director of Vietnam Construction Securities Joint Stock Company (VNCSI).
At the beginning of 2023, many forecasts suggest that the State Bank (SBV) may have to continue the trend of tightening monetary policy, in the context that the trend of...
Insurance companies will have the chance to earn higher profits in 2023 thanks to a continual interest rate hike trend.
Should central banks try to guide the public’s expectations of interest rates?
In the last days of November, some commercial banks suddenly announced they would reduce lending interest rates. Enterprises expect that this will create momentum for a...
According to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu, credit growth must be in accordance with exchange rates and interest rates, so now is the...
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
The State Bank of Vietnam (SBV) is advised by experts to put a priority on exchange rate flexibility and strives to keep interest rates.
The recent sharp fluctuation of the exchange has hit businesses badly due to increased costs. However, businesses still face a double whammy from liquidity and interest...
The recent sharp increase in deposit interest rates has pulled lending interest rates up by 3-4 percent per annum over the same period last year. In the face of highly...
Many experts advise the State Bank of Vietnam (SBV) to raise the policy rate gradually rather than dramatically in order to avoid shocking firms.